Is this a good lease deal? 2024 Jeep Wagoneer Series I with tow package (1.7k)
MSRP: 69,715.00
Selling Price: 67,715
Rebate/Bonus Cash: 1k
Adjusted cap cost: 71,128.90
Capitalized taxes: 2,392.60
This is a 42 month lease/10k miles per year.
With $0 down, estimated monthly payment is $1,021 - $1,046
Not at all. IIRC Aug. programs were significantly worse than previous months, so you’re better off waiting for next month as pressure grows on dealers and potential for better Stellantis programs. Nothing to lose.
FWIW I was looking at a ~$970/mo, nothing down Wagoneer L S3 earlier this summer.
Editing to add: You should be targeting at least 10% off MSRP on these before incentives.
Why a Wagoneer?
Thank you, very good to know. I counter-offered at 5% off MSRP and they said it isn’t possible…Def going to wait this out and shop around some other dealers.
Wife loves the car!
Ok so buy it. Why on earth would you spend $42,000+ just to return it and start over again with $0 equity? Then what, spend $44k on the next lease?
Sorry horrible deal. Wait till next month at least.
This thing will probably be a lemon too. Dont waste your time
numbers are disgusting
$1k+ per month on a 42 for a a base model Wagoneer. PASS
You know there is about 2000+ of something being added to your cap…what is that for? Do you mean $0 DAS? Down is not equal to DAS. If you don’t know how learn to use LH calc or a spreadsheet to be able to calculate own lease or they will be laughing over money made on your deal in the break room at dealership.
With this mindset all we will see is more Wagoneer rental cars. Dealers know these don’t move without a hefty discount and when programs suck they need to do more on their part. I’d push for more than 10% and on an S1 that payment better be under $800.
I’ve shopped around a few dealers. Local dealers were not willing to negotiate at all. This is the best deal I have so far:
2024 Jeep Wagoneer Series 1 w/ Convenience Group 1 package. Is this a good deal? Any red flags or things I should consider?
Market Value Selling Price: 69,485
Discount: 5,500
Rebate: 4,500
Adjusted Price: 59,485
Administration Fee: 799
Tax: 315
Non Tax Fees: 647.99
Balance: 61,246.99
36 month lease, 10k miles per year
$888.72/month payment, $1,249 DAS + an additional $728 to have it shipped to my home (230 miles from the dealer)
Why would you pay $32k+ (not including the cost of shipping) to rent a vehicle selling for a net price below 60k?
And then start over again with no equity?
If you leased this again you’d have spent $65k+ over six years (more than the price of the car) and have no equity. And then start over again and again…
How do you benefit from that arrangement?
My wife also had to have a wagoneer. We ended up purchasing one at the beginning of summer. There was quite a few incentives available at the time. Got a 2024 Carbide for 11k under msrp.
Almost talked her into a Sequoia but she wasn’t having it.
And FWIW, we haven’t had any issues yet.
This was back in July but I was quoted with 2k DAS at $615 per month on a series1 4wd. So I would say no way. These things are not moving. Have you tried looking out of state ?